I-Act

Analysis

I-Act is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, I-Act reported income of $990k and spending of $878k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $787k to $990k (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, I-Act sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include School of Hope Foundation ($989k), Just One Life Inc ($991k) and Friends of Majal Inc ($989k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $190k (22% of expenses). At year end it held assets of $632k against liabilities of $3,584, net assets of $628k. It reported 3 employees.